A modest pullback for U.S. stocks Friday eased the market from all-time highs and left major stock indexes on Wall Street in the red for the week.

The S&P 500 closed 0.3% lower a day after setting a record high. The benchmark index’s loss for the week followed two straight weekly gains.

The Dow Jones Industrial Average dropped 0.6%, and the Nasdaq composite gave up 0.2% after drifting between small gains and losses much of the day. The tech-heavy index was coming off its own all-time high on Thursday.

The selling capped an uneven week in the market as Wall Street kept an eye on the Trump administration’s rollout of new tariff threats against trading partners like Canada and looked ahead to the upcoming corporate earnings reporting season.

The market is now set to shift at least some of its focus on companies due to report quarterly earnings over the next few weeks.

On Friday, Levi Strauss jumped 11.3% after the jeans maker easily beat Wall Street’s sales and profit targets and raised its full-year forecast, despite expecting higher costs from tariffs.

PriceSmart climbed 5.3% a day after the warehouse club operator delivered solid third-quarter results and said it’s looking into expanding into Chile.

Earnings season shifts into high gear next week with JPMorgan Chase, Wells Fargo and Citigroup among the big banks due to report their results on Tuesday.

Shares in financial and health care sector companies were the biggest weights on the market Friday.

Visa fell 2.2% and Gilead Sciences dropped 4.3%.

Several airline stocks lost ground a day after encouraging quarterly results from Delta Air Lines set off a rally in the sector. Delta slipped 0.2%, United fell 4.3% and American gave up 5.6%.

Shares in aviation company Red Cat Holdings jumped 26.4% after Defense Secretary Pete Hegseth issued orders aimed at ramping up production and deployment of drones.

All told, the S&P 500 fell 20.71 points to 6,259.75. The Dow dropped 279.13 points to 44,371.51, and the Nasdaq slipped 45.14 points to 20,585.53.

Bond yields rose. The yield on the 10-year Treasury rose to 4.42%, from 4.34% late Thursday.

Meanwhile, bitcoin climbed to another all-time high Friday, briefly eclipsing $118,000 before easing back to around $117,901, according to Coindesk.

— Associated Press